Commissioners Court - Regular


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AI-13876 2.P.       
Meeting Date: 07/21/2021  
Rosebud Cultural Education Facilities Finance Corp. loan and subsequent loan to Richard Milburn Academy
Submitted By: Tara Corwin, Commissioners Court Admin
Department: County Auditor  

Information
RECOMMENDATION
Authorize adoption of a resolution/order approving the financing and the project solely for purposes of Section 147(f) of the Internal Revenue Code, related to the Rosebud Cultural Education Facilities Finance Corporation loan from Frost National Bank and subsequent loan to Richard Milburn Academy for the purposes of financing/refinancing the cost acquiring, equipping, constructing, improving, expanding and/or renovating its Corpus Christi campus and paying certain expenses in connection with the issuance; Approve fee-related to processing related documents pursuant to Chapter 18 of the Texas Local Government Code and any other relevant statutes.
BACKGROUND
DISCUSSION

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
1:
Fund Transfers
Attachments
Certificate of Public Hearing
Affidavit of Publication
Approval of Highest Elected Official


    

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